Examples of Deferred Assessment in a sentence
Resolution 2019-083 Activating Deferred Assessment On Lot 1, Block 2 East View Addition Documents: 4D.
The City and the Owner acknowledge and agree that the Owner may appeal any special assessment above the Deferred Assessment Amount.
The City and the Owner acknowledge and agree that the Owner’s waiver of assessment appeal rights pursuant to Minnesota Statutes, Chapter 429, is capped at the Deferred Assessment Amount by operation of Minn.
The Owner agrees that after execution of this Agreement, if it challenges the validity of the Assessment up to the Deferred Assessment Amount in any way, then Owner shall pay the City the amount of the City’s assessment up to the Deferred Assessment Amount with accrued interest beginning as stated in Section 2.01(c), together with the City’s attorneys’ fees, costs and expenses to defend the assessment by the City up to the Deferred Assessment Amount pursuant to this Agreement.
The Owner acknowledges and agrees that the Owner would be unjustly enriched if the City’s assessment up to the Deferred Assessment Amount pursuant to this Agreement was set aside, reduced, repealed or invalidated by a court with jurisdiction over the Property.
Any new and revised Deferred Assessment will be applied until the termination of this Agreement or any subsequent city-wide revaluation, at which time the Deferred Assessment will be recalculated by the method described above.
Owner understands and agrees that the value of the Improvements will increase the market value of the Property in an amount that equals or exceeds the Deferred Assessment Amount.
Owner hereby authorizes the City to defer a special assessment against the Property up to the Deferred Assessment Amount for the Improvements.
If the Deferred Assessment Amount exceeds the Construction Credit, then the balance of the Deferred Assessment Amount is due and owing and if not paid by December 1 of the year in which the calculation is made, the Deferred Assessment Amount shall be assessed against the Property.
Examples of Improperly Deferred Assessment and Mitigation and Planning in the DEIR(a couple dozen examples should suffice) Chapter 3.2 Aesthetics – The DEIR has determined that there will be significant and unavoidable adverse environmental impacts to Aesthetics as a consequence of Project development.